Coinbase prioritizes making money over bitcoin ethics, Joe Nakamoto notes

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Yaroslav Dmytrenko

11 hours ago

Coinbase prioritizes making money over bitcoin ethics, Joe Nakamoto notes — Coinbase profit-driven over bitcoin values

Joe Nakamoto, bitcoin journalist at Self-employed, criticizes Coinbase by claiming it has always been driven by profit rather than upholding bitcoin's underlying values.

Nakamoto states that Coinbase does not care about bitcoin's ethos and is primarily concerned with financial gain, regardless of the means used.

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Nakamoto previously addressed the high cost of BTC hardware wallets, noting Blockstream Jade Core as a more affordable $99 alternative in a recent report. He has also covered Italy's largest event dedicated to Bitcoin, describing rising excitement and local challenges for participants in a separate article. His recent comments on Coinbase follow a series of observations about accessibility and cultural factors in the bitcoin ecosystem.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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